nostr:npub1t82mdp37fta2k5ylxgpvqpeecatf449ykdch4txpungqghse66gssdzt9w
> I'd rather have regulatory capture by a government I mostly trust than unregulated cesspits of hate
The phrase "regulatory capture" describes a situation where the corporations targeted by a regulation take control of the regulatory process, and misuse it to knobble smaller competitors with untargeted or mis-targeted regulations and high compliance costs, and thus entrench their disproportionate market power.
nostr:npub1t82mdp37fta2k5ylxgpvqpeecatf449ykdch4txpungqghse66gssdzt9w
Again, nostr:npub1hykucplphuhelaxutcw4jw3vuu7gcg42czhqmk7jhchs8vdga4fsj73p33 has written a good piece on regulatory capture, particularly as it applies to the digital tech industry:
I know I'm referencing him a lot, but it saves me the trouble of writing my own blog post to restate the same points, less articulately ; )
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